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Salient Features of a Good Credit Policy and Procedures Manual

It is very important for any credit control or management department to be effective, there should be institute a credit policy and procedures manual.
So what should be in the content of such a credit policy and procedural manual? A good Credit Policy and Procedures Manual should contain the following:

A clear statement of credit policy,
Credit terms,
Conditions [...]

March 23, 2006  Tags: Credit control, Credit management, credit policy, credit procedures  Posted in: CREDIT MANAGEMENT/CONTROL  No Comments

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